Crypto NewsAltcoinAltcoin Whales Have Been Very Active in Recent Hours: Heavy Selling and...

Altcoin Whales Have Been Very Active in Recent Hours: Heavy Selling and Buying – Here Are the Details

Onchain data has revealed that large altcoin whales have been trading large amounts in recent hours.

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The trading volume of whale accounts in the cryptocurrency market has increased significantly in recent minutes. Simultaneous transactions from several major wallets reached significant volumes in ASTER, HYPE, PUMP tokens, and Bitcoin (BTC).

A whale deposited 5.34 million ASTERs ($5.64 million) on Binance, generating a profit of approximately $5.32 million. This address had withdrawn 4.63 million ASTERs ($283,200) from the MEXC exchange six months prior and spent an additional 50,212 USDT to purchase 704,900 ASTERs.

The whale then moved the tokens to the Aster exchange, and by then the value of his holdings had risen to $10.8 million. Had he sold at the peak, he could have made a profit of $10.47 million.

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Another whale deposited 2.4 million USDC on the HyperLiquid exchange, purchasing 49,233 HYPE tokens at an average price of $48.9.

Another whale withdrew 1.29 billion PUMP tokens ($6.39 million) from Binance 20 minutes ago. He has accumulated 3.3 billion PUMP tokens ($16.38 million) in the last two weeks.

In the last 5 days, a whale collected 894 BTC ($101.82 million) from the Kraken exchange.

*This is not investment advice.

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